GUATEMALAN cardamom prices have shown renewed strength of late on low new crop arrivals in a market of already constrained supply. The latest upturn continues the trend seen in October when prices escalated sharply as 2008/09 crop carryover ran out in the run up to first new crop arrivals (see The Public Ledger, October 19, […]
INDIAN cardamom prices have been on a consistent increase because of poor supply due to zero imports from Guatemala. High demand from upcountry buyers and increased exports to West Asia has pushed up prices by 30% to 40% in just two months, the country’s Financial Express newspaper has noted. Auction prices of cardamom are averaging […]
INDIAN cardamom prices have been on a consistent uptrend because of poor supply due to zero imports from Guatemala. High demand from up country buyers and increased exports to West Asia has pushed up prices by 30% to 40% in just two months. Auction prices of cardamom are averaging above Rs750 ($16.20) per kg in […]
GUATEMALAN cardamom prices have risen sharply over recent weeks as 2008/09 crop carryover runs out in the run up to first new crop arrivals. Andrew Barker, managing director of PBAbrokerage, said that seeds were currently being quoted at $16,000 a tonne c&f, mixed yellow qualities for grinding at around $10,500 a tonne and medium whole […]
INDIA’S chilli market has suffered an unforgiving combination of extreme dry weather and heavy flooding this year, which has sent prices sharply higher. In mid-August this year, there was a very real fear that India’s chilli crop for the 2009/10 season would be devastated as a result of the near-drought situation that prevailed in the […]
WHILE India may have shipped out more spices in August than a year before, it is getting lower returns for the consignments. India exported 34,025 tonnes of spices in the month, a 3.5% increase from 32,880 tonnes a year before, according to the Indian Spices Board. However, in value terms exports declined 7.7% to Rs3.88bn […]
INDIAN cardamom prices gained 10% in the week to September 13, on good overseas and domestic demand. The price of the September delivery contract on the Multi Commodity Exchange gained 9.4% and closed at Rs899 ($18.28) per kg. On the spot market, the weighted average price has risen to Rs720 a kg from Rs595 a […]
INDIAN spice exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008, but overall sales for the season are still lagging behind those of a year ago. The cumulative export total for the April to July 2009 period is 164,215 tonnes, 14% down from 189,870 tonnes over the […]
GUATEMALA’S first half cardamom exports were only moderately behind those of a year ago, despite a substantial decline in sales to top market Saudi Arabia. Between January and June this year Guatemala shipped a total of 12,981 tonnes of cardamoms to global destinations, 12% down from the 11,575 tonnes achieved in the same period of […]
INDIA’S spices exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008 and 4% lower in value at Rs4.6bn ($93.7m) against Rs4.8bn in the same month a year ago, but overall sales for the season are still lagging behind those of a year ago. Shipments of chillies, small […]